Below are some tidbits on baseball and sportscard collecting.
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Q6: What are some additional useful to know baseball card collecting terms ?

(part 2)Error Card - essentially, a card with a wrong player photo, inaccurate bio, or any
characteristic that separates it from correctivity. Baseball card history is
rich with such mutations. Anything from the 1957 Topps "reversed negative"
picturing Hank Aaron in his opposite batting stance, to the infamous 1983
Fleer Billy Ripken "obscenity" card which depicted a not-so-politically correct
4-letter word at the end of his bat handle.

Extended Set - Also frequently called Update Set or Traded Set.
defined as a set issued after a company’s original release to
"update" the regular set and include players traded to another team and shown in
their current uniform, or rookie cards of players featured in a single-photo.

Facsimile Autograph - a simulated autograph printed on a card designed to show what the
player’s actual signature looks like. These are NOT the player’s "real"
autograph.

Factory Set - a complete set in a special box and wrapped with a protective covering
produced by the manufacturer, usually with a unique seal and sold directly
to dealers or card shop owners and not available through the usual
retail outlets.

Grade - the physical condition assigned to a card, either by a price guide, or
through the assessment made by sellers.

Graded Card - a card which has been assessed for condition by an independent source
and given a ranking, with 10 being the best. The card is then placed in a
hermetically-sealed plastic holder with the grade designation and player name,
card company, card number, and serial number printed on the encasement.

The issue below is featured elsewhere on this website:

1974 Topps DECKLE EDGE

This 72-card test issue set was released with a very limited distribution
on only the East Coast around Massachusetts making them quite scarce.
They were Officially simply called "Topps Baseball Photos"
but their serrated or "DECKLED" edge gave them the name they go by today.
The 2 7/8" x 5" inch cards were sold in either a 2 card pack
with gum or a 3 card pack with no gum for 5 cents.

The cards were meant to have the look
of the black and white movie star photos from the 1950's and feature a
black & white photo with a blue facsimilie autograph on the front.
The backs make this very scarce test issue even more interesting !
They feature handwritten script of the player's name, team, position & date
and location of the photograph as well as a mock newspaper article on the
player's career.

This was Topps 2nd "Deckle Edge" issue, their first being their smaller
and much more common 1969 Topps Deckle Edge which were inserts in
certain series of packs of 1969 Topps cards.

Variations of 1974 Topps Deckle Edge do exist,
making this issue even more fun and challenging to collect.
The backs can be found in either gray or a much scarcer white version.
Also, a more limited proof version with non-scalloped edges exists and
occasionally can be found.

1972 Topps Baseball Cards AUTOGRAPHED Set info/information

By now you all heard of the rash of counterfeit autographs on the market. The following autographs all come with auction house LOA's (Letters of Authenticity) from the top
authenticators in the hobby - PSA/DNA or James Spence !!!